Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances

Joanne L. Scillitoe, Shanthi Gopalakrishnan, Michael D. Santoro

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Strategic alliances have increased dramatically in recent years, especially in high tech industries such as biotechnology as a way for firms to gain access to needed resources, expertise, and knowledge for developing and commercializing new products and technologies. The governance structure of an alliance has been shown to be an important consideration in alliance success. Drawing from transaction cost and social network theories we empirically investigate the geographic and social contexts of alliance partners and the influence these factors have on alliance governance structure in the context of biotechnology-pharmaceutical alliances. Using a sample of 393 alliances formed during the period 1995 through 2000, results of this study show the location of the pharmaceutical firm headquarters and the credibility of the biotechnology firm influence the type of governance structure chosen while the location-based technological munificence of the biotechnology firm and the credibility of the pharmaceutical firm did not appear to influence the alliance governance structure. We discuss the implications of our findings from this study for theory, future research, and management practice.

Original languageEnglish (US)
Title of host publicationAcademy of Management 2009 Annual Meeting
Subtitle of host publicationGreen Management Matters, AOM 2009
StatePublished - Dec 1 2009
Event69th Annual Meeting of the Academy of Management, AOM 2009 - Chicago, IL, United States
Duration: Aug 7 2009Aug 11 2009

Other

Other69th Annual Meeting of the Academy of Management, AOM 2009
CountryUnited States
CityChicago, IL
Period8/7/098/11/09

Fingerprint

Biotechnology
Drug products
Circuit theory
Alliances
Pharmaceuticals
Social context
Biotech
Governance
Costs
Industry
Governance structure

All Science Journal Classification (ASJC) codes

  • Industrial relations
  • Management of Technology and Innovation
  • Management Information Systems

Cite this

Scillitoe, J. L., Gopalakrishnan, S., & Santoro, M. D. (2009). Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances. In Academy of Management 2009 Annual Meeting: Green Management Matters, AOM 2009
Scillitoe, Joanne L. ; Gopalakrishnan, Shanthi ; Santoro, Michael D. / Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances. Academy of Management 2009 Annual Meeting: Green Management Matters, AOM 2009. 2009.
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Scillitoe, JL, Gopalakrishnan, S & Santoro, MD 2009, Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances. in Academy of Management 2009 Annual Meeting: Green Management Matters, AOM 2009. 69th Annual Meeting of the Academy of Management, AOM 2009, Chicago, IL, United States, 8/7/09.

Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances. / Scillitoe, Joanne L.; Gopalakrishnan, Shanthi; Santoro, Michael D.

Academy of Management 2009 Annual Meeting: Green Management Matters, AOM 2009. 2009.

Research output: Chapter in Book/Report/Conference proceedingConference contribution

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Scillitoe JL, Gopalakrishnan S, Santoro MD. Geographic and social contexts on alliance governance in biotech-pharmaceutical firm alliances. In Academy of Management 2009 Annual Meeting: Green Management Matters, AOM 2009. 2009